Quick Dips
Curated topical articles on the Blue Economy

Seaweed recycling startups get funded, as Sargassum bloom hits Florida

Dan Primack, Axios Energy Solutions Fisheries & Aquaculture

Carbonwave, a Boston-based startup that "upcycles" Sargassum seaweed into biomaterials, raised $5 million in venture capital funding led by an affiliate of Natixis Investment Managers.

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Enabling sustainable tourism investment opportunities

Investment Monitor Tourism

The tourism history was hit hard by the pandemic, but a sustainable approach in the sector can attract higher levels of investment.

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Investments In Renewable Energies Must Quadruple To Meet Climate Target

Reuters Energy Solutions

Global investments in energy transition technologies must more than quadruple annually to stay in line with commitments made under the Paris climate accord, the International Renewable Energy Agency (IRENA) said on Tuesday.

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Net-zero shipping: how maritime transport can rapidly reduce emissions

World Ocean Initiative, The Economist Group Energy Solutions Shipping & Ports

Speakers at the 10th annual World Ocean Summit said the industry wants to decarbonise, but a lack of regulatory and market drivers is getting in the way.

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An ocean of opportunity: how the private sector can fuel blue finance

World Ocean Initiative, The Economist Group

Experts at the 10th annual World Ocean Summit expressed hope that the “tide is turning” when it comes to scaling blue finance.

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From fish scales to microalgae: collaboration is key in blue biotech

Economist Impact

Panellists at the World Ocean Summit discuss the challenges—and wide-reaching potential—of marine biotechnology.

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Native oyster reintroduction set to double biodiversity

The Fish Site Fisheries & Aquaculture

Project to reintroduce European native oysters unveils first predicted impact of species’ return and aims to improve water quality, enhance marine biodiversity and increase carbon storage in the Dornoch Firth over the next decade.

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4 ways to ensure the future of aquaculture is sustainable

Karen Demavivas, World Economic Forum Fisheries & Aquaculture

As our global population expands, so too does demand for nutritious and climate-friendly food.

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US energy officials release strategy to boost offshore wind

Jennifer McDermott, AP News Energy Solutions

The U.S. Energy Department said Wednesday it has a new strategy to meet the goal of vastly expanding offshore wind energy to address climate change.

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InvestEU: €28 million for the first Blue Economy instrument in Portugal

European Commission

On 27 March 2023, the Growth Blue I fund was signed in Portugal – the first fund signed under the new InvestEU Blue Economy instrument focusing on southern Europe.

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Envisioning blue economy opportunities for a vacant Port of Providence landmark

Greg Miller, Boston Globe

Legacy sites like the Providence Gas Company Purifier House on Allens Avenue are integral in the city’s transformation.

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Winners Of The Tom Ford Plastic Innovation Prize Are All Using Seaweed

Jeff Kart, Forbes Fisheries & Aquaculture Plastics & Pollution

Making bioplastics from seaweed is becoming fashionable. And that’s not a dig.

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Investing to jumpstart the blue revolution

Megan Howell, The Fish Site

Georg Baunach, co-founder of Hatch*, explains the ethos behind the company’s newly launched Blue Revolution Fund (BRF) as it begins to work with startups and SMEs to increase ocean biodiversity, tackle climate change and create positive social outcomes for coastal communities.

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Beyond grants: Accelerating blended finance for ocean-positive investments

Yabanex Batista, Economist Impact

Beyond grants: Accelerating blended finance for ocean-positive investments.

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3 ocean sequestration technologies you should know

Jesse Klein, Trellis

Microalgae cultivation, seaweed sinking and electrochemistry enhanced sequestration are new ocean-focused ways to pull CO2 out of the air.

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United States Opens $2.3M Competition For Novel Wave Energy Technologies

Amir Garanovic, Offshore Energy Energy Solutions

The US Department of Energy’s Water Power Technologies Office (WPTO) has launched a new competition for developers investigating novel technologies for harnessing and converting the power of ocean waves into usable types of energy. 

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Startup Says The Seaweed Blobbing Toward Florida Has A Silver Lining

Harri Weber, Tech Crunch Fisheries & Aquaculture

Recent sargassum surges are forcing folks to find creative ways to get rid of it, and already, possible applications run the gamut. Researchers and entrepreneurs aim to turn it into syrup, bricks and even jet fuel. As for Carbonwave, the Boston- and Puerto Rico–based startup is using it in fertilizer, cosmetics and even faux leather.

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Beyond grants: Accelerating blended finance for ocean-positive investments

Yabanex Batista, World Ocean Initiative

A blog by Yabanex Batista, deputy head, UN Global Team, Global Fund for Coral Reefs, as well as a speaker at the recent World Ocean Summit.

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Plant-based seafood and plastic-eating insects among EIT Food’s Marketed Innovation Prize winners

Oliver Morrison, Food Navigator Fisheries & Aquaculture Plastics & Pollution

EIT Food, the world’s largest food innovation community, has announced the results of its Marketed Innovation Prize, designed to reward innovative food start-ups that have successfully brought products or services to market.

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Climate advocates say the oceans are overlooked in climate change. Biden's new action plan would change that.

Dinah Voyles Pulver & Doyle Rice, USA Today Energy Solutions

President Joe Biden released a first-of-its-kind U.S. Ocean Climate Action Plan on Tuesday, which he said will “harness the tremendous power of the ocean to help in our fight against the climate crisis.”

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